TransactionLink, a Warsaw, Poland, Berlin, Germany- and London, UK-based provider of a platform allows companies to build and automate their ideal business onboarding process, raised €5M in Seed funding.
The round was led by White Star Capital with participation from angel investors from London and Paris and existing investor Target Global.
The company intends to use the funds for product development and expansion into new customer sectors.
Led by Mateusz Pniewski, CEO, TransactionLink gives teams the possibility to build and automate their business onboarding processes, from creating workflows, to adding risk and decision logic, and integrating with KYC/KYB services – all with no code. The platform automates back-end checks and front-end customer interactions for a complete end-to-end experience.
The company now works with over 50 customers around the world, including Fortune 500 and global payments provider, Fiserv. It offers over 150 ready-made integrations to the most common KYB/KYC data sources across more than 100 geographies, and the platform can be fully white-labelled.
FinSMEs
11/10/2023